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If Corporations Don’t Pay Taxes, Why Should You?
Question: Why is there a National Cotton Council but no National Anti-Cotton Council? After all, as you may or, more likely, may not know, the federal government subsidizes cotton growers to the tune of almost $2 billion a year (the average from 1995 to 2011).
<img class="alignnone size-large wp-image-150501" alt="SKOREA-SOCIETY-SUICIDE" src="http://sullydish.files.wordpress.com/2013/02/159331323.jpg?w=580&h=327" width="580" height="327" /> The two concepts are usually seen in complete opposition in our political discourse.
by Justin Fox | 10:43 AM January 30, 2013
You wouldn't know it by watching the news or reading the paper, but America's banks are on the largest crime spree the country has ever known. Let's go to the highlight reel, shall we?
Iran poses a far more serious threat to the U.S. than its disputed nuclear aspirations.
The world's super-rich have taken advantage of lax tax rules to siphon off at least $21 trillion, and possibly as much as $32tn, from their home countries and hide it abroad – a sum larger than the entire American economy.
It's morning in the charming little village of Britham. A man - let's call him John - goes into his local bank.
The recent scandals at Barclays Plc, JPMorgan Chase & Co., Goldman Sachs Group Inc. and other banks might give the impression that the financial sector has some serious morality problems. Unfortunately, it’s worse than that: We are dealing with a drop in ethical standards throughout the business world, and our graduate schools are partly to blame.
Neoclassical Economics Is Based on Myth Neoclassical economics is a cult which ignores reality in favor of shared myths.
EUROPE’S DEBT crisis is threatening a political order that has been built up over the course of more than a half century. It is still entirely possible—indeed likely—that the European single currency will not survive the crisis.
I t’s no use pretending that what has obviously happened has not in fact happened. The upper 1 percent of Americans are now taking in nearly a quarter of the nation’s income every year. In terms of wealth rather than income, the top 1 percent control 40 percent. Their lot in life has improved considerably. Twenty-five years ago, the corresponding figures were 12 percent and 33 percent.
...and another thing, the Berlin Wall didn't fall until a full year after Bush The Elder was elected... thanks in no small part to Mikhail Gorbachev's reforms, Lech Wałęsa's Solidarity, The Pope's moral focus and the people of Easter Europe desire to make a better world for their children ... well after Ronny Ray Gun had been fitted for a drool cup. One more point. The disintegration of the Soviet Union itself in 1991, already weakened by the collapse of the Warsaw Pact alliance, was inevitable once Russia followed the Baltic States lead and threatened to secede from the union . Stick that in your teacup. Link to original post <p style="text-align:right;color:#A8A8A8"></p>
This post has been corrected. See the note at the bottom for details.
After he delivered a well-received talk on income inequality at the TED University conference on March 1st, multimillionaire investor and Amazon.com early adopter Nick Hanauer was all-but-assured by organizers that his talk would be published on the TED website.